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EU Names 8 Russians, 3 Firms Subject to Asset Freeze

The European Commission published the names of eight Russians, including some of President Vladimir Putin's associates, and three companies which will have their

USACE Gets Bird’s-eye View of Houston Ship Channel Growth

The 53rd U.S. Army Chief of Engineers and Commanding General of the U.S. Army Corps of Engineers, Lt. Gen. Thomas P. Bostick, visited the Port of Houston Authority

US Restricts Travel by Venezuelan Officials

The United States imposed travel restrictions on Wednesday on some Venezuelan government officials it accuses of rights abuses in a crackdown on protests against President Nicolas Maduro this year.

Protests Erupt over Yemen Fuel Prices

Fuel price hikes part of subsidy reform necessary for IMF loan; Energy subsidies cost Yemen $3 billion last year. Attacks on oil pipelines slash crude export earnings.

Nevzlin Unlikely to Leave Yukos Fight

Nevzlin was partner with Khodorkovsky in Yukos; has said he will fight if Russia resists paying $50 bln claim. Former Yukos executive and top shareholder Leonid

Statoil Planning Asset Sales

Norwegian oil and gas firm Statoil is working on several potential deals to sell assets to reduce capital commitments and realise investment profits, business daily

OPEC Output Up on Libyan Rebound

Supply rises by 140,000 bpd, led by Libya; output falls in Iraq, edges lower in Iran. OPEC output close to supply target of 30 million bpd. OPEC's oil production rose in July from June,

Rio Tinto Out of Mozambique Coal Venture

Rio's exit frustrates Mozambique's coal ambitions; asset sale price implies further writedown. Vale also looking to sell stake in Mozambique coal assets. Rio

Hess Quarterly Profit Drops 35 Percent

Hess Corp, which produces oil in North Dakota, Iraq and Ghana, said on Wednesday its quarterly profit fell 35 percent after it sold off operations to focus on core exploration and production projects.

Valero 2Q Profit Rises

Valero Energy Corp, the largest U.S. independent refiner, on Wednesday reported an increase in quarterly profit as the company processed higher volumes of crude oil.

Maritime Attorney Named Partner by New Orleans Law Firm

The Lambert Firm in New Orleans says that Emily C. Jeffcott, Cayce C. Peterson, and Jeremy Z. Soso have been named partners in the firm. Of the three, Attorney Cayce C.

DMR Publish Latest Container Census Report

Drewry Maritime Research (DMR) says it has just published it's latest Container Census report, providing a wealth of information on the container equipment market.

Rosneft & PDVSA Sign Multiple Deals

  Rosneft President and Chairman of the Management Board Igor Sechin and Venezuelan Minister of Petroleum and Mining and PDVSA President Rafael Ramirez signed

The Martitime Security Focus Is Shifting

Former Vice-Admiral and Commander-in-chief of the German Navy Hans-Joachim Stricker, President of the German Maritime Institute (DMI), believes that in terms of

The Landing School Names Schuhmann President

The Landing School’s Board of Trustees is pleased to announce that it has named the 4th President of the Landing School. Richard J. Schuhmann, Ph.D., a former student

Update: U.S. to Seize Kurdish Oil from Tanker off Texas

U.S. authorities are set to seize a cargo of oil from Iraqi Kurdistan anchored off the Texas coast after a judge approved a request from Baghdad, raising the stakes

Germany Adds 1,723 MW Onshore Wind Capacity

Germany adds 1,723 MW of onshore capacity in Jan-June; BWE/VDMA see 3,300-3,700 MW total 2014 installations. Total end-2014 capacity could be over 37,000 MW. Germany added 1,

S.Korea Ferry Boss's Driver Turns Self In

The driver of a South Korean businessman wanted over the sinking of a ferry that killed 304 people turned himself in on Tuesday, potentially unlocking the mystery

White House: Climate Change Action Now or Costs Soar

Putting off expensive measures to curb climate change will only cost the United States more in the long run, the White House said on Tuesday in a report meant to

White House: Condensate Export Decisions 'not coordinated'

The U.S. Commerce Department's decision to give two companies permission last month to export lightly processed crude oil was not coordinated with the White House,

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